Australia’s residential solar market could be in a state of permanent decline given that market penetration is already very high and the county’s Feed-in-Tariff (FiT) subsidy may come to an end this year, according to the latest analysis from Australia-based solar consultancy SunWiz.
Australia-based energy company Genex Power has received development approval for its 150MW Kidston Solar PV project, which would be the largest solar plant in Australia one complete
The state government of Queensland, which is the largest market in Australia for sub-100kW solar systems, has ruled out proposals for retrospective cuts to the state’s Solar Bonus Scheme.
Tampering with the Renewable Energy Target (RET) by Australia’s Federal Coalition government has made project financing extremely difficult, according to analyst firm Green Energy markets.
Solar developers AGL Energy and First Solar have completed Australia’s two largest solar PV plants at Nyngan (102MW) and Broken Hill (53MW), which included AU$166.7 million support from the Australian Renewable Energy Agency (ARENA).
New South Wales was the only Australian state to experience a significant increase in volumes of sub-100kW PV systems in 2015, with most other states contracting, according to the latest figures from Australia-based solar consultancy SunWiz.
The anti-dumping saga in Australia has been reignited after the Anti-Dumping Commission on 8 January overturned its previous decision to terminate of the investigation, following a review.
